Category: Gold & Silver 2009
The analysis published under this category are as follows.
Friday, June 26, 2009
Gold Gains as Dollar Falls on s Greenspan Warning og a Decade of Inflation / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF GOLD rose yet again on Friday for US-Dollar investors, hitting two-week highs above $947 per ounce as the world's No.1 reserve currency fell on the forex market.
Friday, June 26, 2009
Gold Breaks Back Above $940 on Weak U.S. Dollar / Commodities / Gold & Silver 2009
By: GoldCore
Gold
Gold regained a lot of ground yesterday, breaking through $940. News from the Federal Reserve, that they are to keep interest rates at record lows put the dollar under pressure and it gave up some of its recent gains.
Thursday, June 25, 2009
China Decision to Buy $80 Billion of Gold, the Dragon's Hoard / Commodities / Gold & Silver 2009
By: Michael_J_Kosares
"We've got a situation where Geithner is smiling and has no choice but to stress the credibility and stability of the US financial and economic system, while the creditors [such as the Chinese] smile back and say they believe him, while at the same time giving hand signals to their reserve managers to get rid of these things [U.S. Treasuries]." - Neil Mellor, Bank of New York-Mellon
Thursday, June 25, 2009
China Dumping Treasury Bonds for Gold as U.S. Debt Surges Higher / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE WHOLESALE PRICE of physical gold rose again early Thursday in London, reaching one-week highs for UK and Euro investors as local stock markets fell and crude oil bounced back above $69 per barrel.
Thursday, June 25, 2009
China Concern at U.S. Printing Dollars on a Massive Scale / Commodities / Gold & Silver 2009
By: GoldCore
Gold - Gold is trading at $933.50 and remains subdued overall. Near term resistance and support are currently $944 and $913 respectively. Direction may be poised to come from EUR/USD moves and the EUR/USD is maintaining equilibrium despite a positive world economic outlook from the OECD. This positive news is paired against continuing geo-political risk and negative USD comments overnight from a senior Chinese official.
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Wednesday, June 24, 2009
Defeating the Cartel... With Profit, Part 2 / Commodities / Gold & Silver 2009
By: DeepCaster_LLC
The Gold Report newsletter today interviewed Sprott Asset Management's chief investment strategist, John Embry…
"If you look at the short positions that the commercials, that is the bullion banks -- which are the agents of the U.S. government -- are running, it's a complete fraud," Embry says. "Because they couldn't possibly deliver on their paper promises if they were called by the people on the other side of the trade. The gold isn't there to deliver."
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Wednesday, June 24, 2009
Does Gold Rise or Fall During Deflation? / Commodities / Gold & Silver 2009
By: Adrian_Ash
Legally defining the official dollar/gold price and backing it with convertibility is the only means by which...the markets can be assured that Volcker's successors would not be tempted to try another monetarist experiment." - Jude Wanniski, former Reagan advisor, April 1982
Wednesday, June 24, 2009
Gold and U.S. Dollar Trends Update / Commodities / Gold & Silver 2009
By: Jordan_Roy_Byrne
Gold - Below is a weekly line chart of Gold. Each data point is the closing price on Friday. There are two main supports. The first is at about $880 where the 40-week and 80-week moving averages reside. Should that area break then look for a bottom close to $800. There is a lot of support filling in towards $800. My thinking is that the market will trade in similar fashion (triangle) to what we saw in 2005 and 2007. The bottom chart on the picture is the width of the 40-week bollinger bands.
Wednesday, June 24, 2009
Gold Doesn’t Care If It’s INflation or DEflation / Commodities / Gold & Silver 2009
By: Graham_Summers
Gold doesn’t care if it’s inflation or deflation.
One of the central arguments for financial commentators right now is whether the US is currently facing inflation or deflation. Everyone (at least everyone with a functioning cortex) is aware that the US (and the rest of the world for that matter) will face more difficult times ahead. However, whether it will be an environment of increased inflation or increased deflation is up for debate.
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Wednesday, June 24, 2009
Gold Jumps as ECB Front-Runs the Fed, Lends Near-Half Trillion Euros at 1.0% / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE O GOLD leapt overnight and early Wednesday, recovering all and more of this week's losses at $938 an ounce as world stock markets ticked higher but crude oil slipped for the second day running.
Tuesday, June 23, 2009
Silver Could Outperform Gold by 2:1 / Commodities / Gold & Silver 2009
By: The_Gold_Report
David Morgan, whose interest in silver dates to the tender age of 11, returns to The Gold Report today to discuss the latest buzz about his favorite subject. One of the world's leading authorities on silver as a commodity, an investment, a safe haven and an increasingly important manufacturing metal, he expects this year's stronger-than-anticipated late spring climb to lose momentum before the end of the month. Longer term, though, the founder of the respected monthly, The Morgan Report, sees silver appreciating at a faster pace than gold. And while he also likes the idea of monetizing silver—rather than gold, because silver is far more liquid—that's one wish he does not expect to see granted.
Tuesday, June 23, 2009
U.S. Approves IMF Gold Sales; What Does It Mean? / Commodities / Gold & Silver 2009
By: Mike_Shedlock
Last week the U.S. House of Representatives passed a bill which included an expanded credit facility for the IMF and gave U.S. approval for the proposed IMF sale of 400 tons of gold.
Tuesday, June 23, 2009
GOLD, A Case for the Bulls / Commodities / Gold & Silver 2009
By: Alistair_Gilbert
The last year has seen some pretty dramatic falls in commodity prices but Gold actually managed to end 2008 as one of the best performing investments with a gain of about 5%. This was despite the fact that Gold normally rises inversely to the dollar and last year the dollar rose relentlessly, catching a lot of people off guard. This reinforced its reputation as a safe port when all around is chaos. This reputation has been garnered over 5,000 years, but during the boom stockmarket era of the 80s and 90s it lost a lot of its glitter as investors found better returns elsewhere.
Tuesday, June 23, 2009
Gold Bounces As Bernanke Stokes More Bubbles / Commodities / Gold & Silver 2009
By: Adrian_Ash
THE PRICE OF WHOLESALE GOLD BULLION bounced off a new 5-week low at $914 per ounce early Tuesday in London after the US Dollar rose on the currency markets but the Japanese Yen rose faster still.Read full article... Read full article...
Tuesday, June 23, 2009
Russian Call for Special Drawing Rights Currencies Positve for Gold / Commodities / Gold & Silver 2009
By: GoldCore
Gold:
Yesterday's comments by Russian President Dmitry Medvedev at the BRIC summit, calling upon the International Monetary Fund (IMF) to expand the currency basket of Special Drawing Rights to include the Chinese yuan, commodity currencies and gold in order that it matures into a reserve currency, is positive for gold as it shows how gold is again being viewed as an important monetary asset.
Tuesday, June 23, 2009
Gold Miner Fundamentals About to Improve / Commodities / Gold & Silver 2009
By: Adam_Brochert
The cost of mining real money (i.e. Gold) out of the ground is about to decrease relative to the cost of Gold (again). Fundamentals DO NOT immediately translate into stock price changes, but they lay the groundwork for stock prices to change at some point in the future. I am intermediate-term bearish on senior Gold mining stocks, but will be looking to buy more once I think the current correction is over. The fundamentals are about to become even more supportive than they are already.
Tuesday, June 23, 2009
Is Gold a Buy or is it “Toppy”? / Commodities / Gold & Silver 2009
By: Q1_Publishing
A few weeks ago the gold rush was back on.
Inflation fears were rising. Yields on treasury bonds were rising. Gold was making another run at $1,000. Leading the headlines though and sparking the most interest was hedge fund manager John Paulson and his big bets on gold and gold stocks.
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Monday, June 22, 2009
Silver and the US Dollar / Commodities / Gold & Silver 2009
By: Roland_Watson
Things look like they are moving to some kind of resolution on where silver is headed. The main bellwether for where silver goes is not gold but the US Dollar. The two charts below of the US Dollar Index and silver for the same time periods show how these two asset classes are moving in opposite directions. First silver which has dropped about 15% in 19 days.
Monday, June 22, 2009
Gold GLD ETF Upside Reversal Imminent / Commodities / Gold & Silver 2009
By: Mike_Paulenoff
Based on a textbook head-and-shoulders top pattern, the downside measured target in the SPDR Gold Shares (NYSE: GLD) is 89.50, which also happens to coincide with a test of the Jan-June up trendline, now at 89.20. If the last portion of this decline does unfold in textbook fashion, then we should be looking for an upside reversal (buy) signal in the upcoming hours – to initiate a potent upmove into the 93.50-94.00 area.Read full article... Read full article...
Monday, June 22, 2009
Gold Intermediate Buy Signal Triggered / Commodities / Gold & Silver 2009
By: Ned_W_Schmidt
Perhaps we should establish an official day of mourning for the loss of independent thinking now so widespread among today’s journalists. In the U.S., independent journalism has died. Most of the reporting media has now become the official apparatchik of the Obama Regime. With one national network moving into the White House for daily supervision, all pretense of independence has been lost. We can probably, given access to the internet, learn to survive the death of journalism as a profession. However, our wealth may not survive the loss of an independent central bank. Since Federal Reserve actions are somewhat greater than a butterfly in Africa flapping its wings, the rest of the world may need to worry about yet to come financial chaos.